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Culture

Thai Hotel Giant Minor International Delays $1 Billion REIT Plan

Minor International Pcl, Thailand’s biggest hotel and restaurant operator, postponed plans for its first real estate investment trust, valued at about $1 billion, as market conditions soured.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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South Korean Shipbuilders Target Global Naval Markets

Domestic shipbuilders, who lost the bid for the Canadian submarine project that drew attention for its record-high project cost, are newly turning their eyes beyond the Asian region to the South…

  • South Korean shipbuilders targeting global naval markets.
  • Hanwha Ocean favored for Royal Thai Navy frigate project.
  • HD Hyundai Heavy Industries expanding in Peru and Chile.

YMTC Rises to Third in Global NAND Shipments

A major upheaval is taking place in the global NAND flash market driven by China’s rapid advance. China’s Yangtze Memory Technologies Corp (YMTC) has risen to third place in terms of NAND flash…

  • YMTC becomes third-largest NAND supplier globally
  • Samsung Electronics and SK Hynix lead with 25% and 22% market share
  • Enterprise SSDs drive market, accounting for 48% of total NAND shipments

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